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Nov 29, 2012
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but state senator-elect jerry hill already says he plans to raise gas taxes and says that's the best if not long-term solution for the area. reporting live in daly city, cate caugiran, cbs 5. >> thank you. >>> you can use your live hi- def doppler on our website to zero in on your neighborhood to see what's going on there. just go to cbssf.com/weather. >>> well, liz had a busy day yesterday because of all the rain but right now it's not too wet so hopefully you're not all that busy in the traffic department. >> it looks okay. gosh, it is amazing what some wet weather will do to the commute. the only thing we got going right now is actually out in napa. we have a traffic alert. it sounds like the northbound lane of highway 121 blocked by 128. a car slowed to avoid a deer and crashed at the scene. so fire crews are there now. they are working to clear it. it's been there since before 3:30 this morning. we'll take live look outside so yeah, the golden gate bridge looks a lot drier this morning than yesterday. and the commute across the span is moving at top speeds, as well. some other b
but state senator-elect jerry hill already says he plans to raise gas taxes and says that's the best if not long-term solution for the area. reporting live in daly city, cate caugiran, cbs 5. >> thank you. >>> you can use your live hi- def doppler on our website to zero in on your neighborhood to see what's going on there. just go to cbssf.com/weather. >>> well, liz had a busy day yesterday because of all the rain but right now it's not too wet so hopefully you're not...
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Dec 4, 2012
12/12
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taxes. state senator proposal asked voters to allow logical communities to raise taxes for schools with 55 percent of the voychlt allowing a third of the state to or local area to veto what two-thirds wants i believe is really democracy and really proven to be as too difficult hurdle. >>reporter: assemblyman and several co-sponsors reintroduced the trust act banning local law enforce frment turning over illegal im grnts to the feds for possible deportation if the crime is relatively minor. >> we must make sure that secure community focus on violence and harden criminals. not on day labor workers. not on domestic workers. >>reporter: republicans will have little say. >> our role will be hopefully partner with the press. shine a light on what is going on in the government. >>reporter: democrat believe california voters gave them a mandate to get things done. >> i think the biggest danger we would move too consciously and not address the problem california has been facing. california voters hav
taxes. state senator proposal asked voters to allow logical communities to raise taxes for schools with 55 percent of the voychlt allowing a third of the state to or local area to veto what two-thirds wants i believe is really democracy and really proven to be as too difficult hurdle. >>reporter: assemblyman and several co-sponsors reintroduced the trust act banning local law enforce frment turning over illegal im grnts to the feds for possible deportation if the crime is relatively...
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Dec 3, 2012
12/12
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that allowed them to -- allows them to raise taxes. but leaders say they will avoid doing that considering voters just passed proposition 30. >>> one of the first orders of business for the state assembly will be to honor a bay area boy scout. ryan did all the work for his eagle scout award but the boy scout says he can't have the honor because he is gay. since then he's been a guest on several national television shows where he told his story. today state lawmakers will honor him for speaking out against intolerance. >>> 5:36. let's get everybody moving now. tara is back. there is a problem in berkeley. some sort of debris or something. the car is on the shoulder. just a heads up. let's take a live look at the bay bridge toll plaza. you can see traffic is flowing pretty well. milpitas those taillights no problems to report. 5:37 here is steve. >>> they're a thank you. a very good morning. we have a little rest we can take a look at the whopper rain totals. santa cruz mountains 15. mt. st. helena almost 13. san francisco 3.77. somebody
that allowed them to -- allows them to raise taxes. but leaders say they will avoid doing that considering voters just passed proposition 30. >>> one of the first orders of business for the state assembly will be to honor a bay area boy scout. ryan did all the work for his eagle scout award but the boy scout says he can't have the honor because he is gay. since then he's been a guest on several national television shows where he told his story. today state lawmakers will honor him for...
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martinez, it would add four minutes to response time. 12 with three ours could have been saved by a parcel tax measure that failed last month. supervisors were grappling with the decision to shutter four of the 28 stations. >> it is a difficult decision. we did say that we would listen to what the voters said. and they either would want us to continue the current service level or they would not approve it. unfortunately, it did not get the 2/3 it needed. >> reporter: many feel closures are inevitable because the district needs to shutdown two more stations by july of next year. the supervisors will vote to close the four stations next tuesday. two more will need to be closed by july of next year along with one or two more possibly, by july of 2014. alan wang, abc7 news. >>> 4:46. here's a crime even the grinch would be ashamed of. police searching for the crooks who stole from a boy scout christmas tree lot in piedmont. they stole wreaths, garr land, tools, -- volunteers discovered the theft last friday night the loss is estimated at around $1,000. >>> crime fighters in san francisco don't hav
martinez, it would add four minutes to response time. 12 with three ours could have been saved by a parcel tax measure that failed last month. supervisors were grappling with the decision to shutter four of the 28 stations. >> it is a difficult decision. we did say that we would listen to what the voters said. and they either would want us to continue the current service level or they would not approve it. unfortunately, it did not get the 2/3 it needed. >> reporter: many feel...
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Dec 6, 2012
12/12
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he said he could increase tax rates for upper income americans as part of a plan to cut the federal deficit. some are now looking for a way to save faces a they give in. >>> and they are planning for massive budget cuts as the fiscal cliff talks remain deadlocked. tens of thousands of jobs are on the line here in california. pam for months, pentagon leaders are insisting they are not preparing for major cuts but that's all changing under orders from the white house and they are starting to think about how they will face part of their budget. leon panetta said the cuts will be devastating to our national defense. experts predict, 1 in 5 in california will be lost. no now the arrow space reports -- now the arrow space reports 13 5,000 jobs will be lost along with 9,000 agency jobs for a total of 22 5,000 jobs lost in california over the next few years. the pentagon has said, the army would likely face the steepest cuts. reporting live, allison burns, ktvu channel 2 morning news. >>> golden gate bridge officials acknowledge yesterday's head-on collision could have been prevented. the crash bac
he said he could increase tax rates for upper income americans as part of a plan to cut the federal deficit. some are now looking for a way to save faces a they give in. >>> and they are planning for massive budget cuts as the fiscal cliff talks remain deadlocked. tens of thousands of jobs are on the line here in california. pam for months, pentagon leaders are insisting they are not preparing for major cuts but that's all changing under orders from the white house and they are...
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Dec 6, 2012
12/12
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they say congress needs to add tresz the so-called fiscal cliff before scheduled tax sxhieks spending cuts go into effect. one berkeley mother was among those in washington. >> like many families, i don't have any other place to cut right now so we're here to stand up and make sure that our voices are heard. >> the group also delivered signed petitions urging congress to end the bush tax cuts for the wealthy. >>> representatives from huns of charities have descended on capitol hill in an effort to dlsh there has been talk of capping the deduction but nonprofit leaders say they're afraid if the government limits the deduction people would drastically cut back on their donation. >> that means there will be less opportunity for people to be fed. there will be less nights of care provided for those who are homeless. there will be less service for disaster situations. >> some republican pros pose limiting all itemized tax deductions, but president obama wants to increase tax rates for the wealthiest 2% of americans instead. >>> government regulators are taking action against a baby recline
they say congress needs to add tresz the so-called fiscal cliff before scheduled tax sxhieks spending cuts go into effect. one berkeley mother was among those in washington. >> like many families, i don't have any other place to cut right now so we're here to stand up and make sure that our voices are heard. >> the group also delivered signed petitions urging congress to end the bush tax cuts for the wealthy. >>> representatives from huns of charities have descended on...
SFGTV: San Francisco Government Television
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Dec 4, 2012
12/12
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i also want to conclude by noting that this move comes in the context of a tax on the epa, couldn't clean air pact, clean water act endangered species act and [speaker not understood] law here in california c-e-q-a. and the hope the city of san francisco would be rather than looking at making c-e-q-a and public participation more limited, looking at ways in which to defend our hallmark [speaker not understood]. thank you. >>> president fong, commissioners, matt reagan with the bay area council. we're a business sponsored public policy advocacy organization. we do a lot of research on the health of the region's economy. one of the key factors we have constantly come to our attention is that the qualitiv of our environment here in the bay area is key, is a very key factor to maintaining our economic health and vitality. we need strong economic -- sorry, environmental protections and regulations. we have come to the conclusion that c-e-q-a provides none of that. c-e-q-a is a law that is for all intents and purposes obsolete. some of the people who spoke before me mentioned that many, many fe
i also want to conclude by noting that this move comes in the context of a tax on the epa, couldn't clean air pact, clean water act endangered species act and [speaker not understood] law here in california c-e-q-a. and the hope the city of san francisco would be rather than looking at making c-e-q-a and public participation more limited, looking at ways in which to defend our hallmark [speaker not understood]. thank you. >>> president fong, commissioners, matt reagan with the bay area...
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we want to tax the rich with higher tax rates on the rich. we have a dollar difference, a difference in principle. martha: we are hung up on ideology here. if you can get the money one way and it produces a long lasting change to the tax code which both sides say they want, what seems to be the problem? >> reporter: it's ideology. the president one the elect, he says he won it on taxing the rich. he want to win the debate. whether it's the best solutioner to the economy is an entirely different story. this is a political and ideological argument and we'll see who wins. martha: there is a couple ways this could go. one is to land in the middle. you have $800 billion and $1.6 trillion. the other is for one side to say no deal. we'll let you go over the fiscal cliff and we'll see what happens. >> reporter: at the last minute i think there will be a deal. i think republicans will retreat and say okay, you can have higher tax rates but only on people making a half million dollars a year. the president will say, okay, but we'll only discuss -- we'l
we want to tax the rich with higher tax rates on the rich. we have a dollar difference, a difference in principle. martha: we are hung up on ideology here. if you can get the money one way and it produces a long lasting change to the tax code which both sides say they want, what seems to be the problem? >> reporter: it's ideology. the president one the elect, he says he won it on taxing the rich. he want to win the debate. whether it's the best solutioner to the economy is an entirely...
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Nov 30, 2012
11/12
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. >>> another day, another republican jumping ship from grover norquist and his anti-tax pledge. this time it's new york congressman chris gibson who said that because of redistricting, he figures the pledge only applies to the area he was serving before. >>> and this was the photo op of the day. of course, vice president joe biden, he was shopping at the new costco in washington, d.c. he munched on some cookie samples, bought children's books, a tv set and apple pie. >>> remember this guy? the one who vowed to keep his romney/ryan campaign tattoo dispute the election results? reality has apparently caught up with him, and it's coming off soon. and that's your dish of "scrambled politics." >>> another day of fiscal cliff drama. stocks reversed early gains and fell shortly after house speaker john boehner dashed hopes that lawmakers were getting closer to agreeing on a year-end budget deal. but all three major markets did bounce back by the afternoon. >>> economic data was positive thursday, but we'll see what impact there is today from grim news out of europe. eurozone unemployme
. >>> another day, another republican jumping ship from grover norquist and his anti-tax pledge. this time it's new york congressman chris gibson who said that because of redistricting, he figures the pledge only applies to the area he was serving before. >>> and this was the photo op of the day. of course, vice president joe biden, he was shopping at the new costco in washington, d.c. he munched on some cookie samples, bought children's books, a tv set and apple pie....
SFGTV2: San Francisco Government Television
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Nov 30, 2012
11/12
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the commons and the public property or actions by our government agency that are paid for with our tax dollars. private individuals and businesses and groups that own their own property, however, should not have to jump through all these hoops and should not have to have their projects delayed by one person being able to come forward and throw a monkey wrench into it because they live in the neighborhood or something. if the legislation were simply trying to alleviate that situation so that homeowners and small businesses and so forth could more easily make changes, i would support that and i think the libertarian party would support that. but it's not clear to me that's what it does. i would love to hear more clarification on that. but in the absence of a clear and convincing evidence that this is not just trying to streamline the way for government projects to be pushed through or favored, you know, contractors that have an inside track to push their stuff through, then i would oppose it and i would urge you to do the same. >>> good afternoon, planning commissioners, my name is justi
the commons and the public property or actions by our government agency that are paid for with our tax dollars. private individuals and businesses and groups that own their own property, however, should not have to jump through all these hoops and should not have to have their projects delayed by one person being able to come forward and throw a monkey wrench into it because they live in the neighborhood or something. if the legislation were simply trying to alleviate that situation so that...
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overnight the president released this new video calling for tax relief for working families with less than a month to go, republicans and democrats remain far apart. without a deal, nearly every american will pay more income tax between $2,000 and $20 400 for the average family. >> we are -- going over the cliff, clear they made a political calculation. >> the president and his team demanding congress allow bush era tax cuts for the wealthiest 2% of americans to expire. republicans have drawn a line in the sand on raising tax rates signaling they are open to raising revenue by reforming the tax code and limiting deductions for the wealth any. >>> nancy pelosi weighed in on the fiscal cliff while stepping out for a night of glamour. the democrat from san francisco stroll photographers last night at the kennedy center honors in washington, d.c.. she told reporters it would be a wonderful christmas gift to the american people to have a tax cut come january. the annual gala event at the kennedy center honored entertainment greats. they received the nation's highest ward for influencing cu
overnight the president released this new video calling for tax relief for working families with less than a month to go, republicans and democrats remain far apart. without a deal, nearly every american will pay more income tax between $2,000 and $20 400 for the average family. >> we are -- going over the cliff, clear they made a political calculation. >> the president and his team demanding congress allow bush era tax cuts for the wealthiest 2% of americans to expire. republicans...
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Nov 29, 2012
11/12
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KICU
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republicans and democrats are at odds over taxes and entitlements, on taxes, the president wants them raised over $250,000. and the republicans disagree and instead want to cap them at 50,000. >> we're willing to put revenues on the table, as long as we're not raising the rates. >> reporter: balking at cuts to medicare, medicaid. and. >> we have already agreed to a trillion and a half dollars in cuts. in this session of congress. >> reporter: also on the hill today with one laugh of the bipartisan team that offered a deficit reduction plan in 2010. >> i'm hopeful but don't put me down anywhere near in optimistic category. >> reporter: >> every week, he spends campaigning for his ideas is a week that we're not solving the problem. it's completely counterproductive. >> reporter: treasury secretary will be on the capitol hill. president obama travels to philadelphia friday to push for an extension of tax cuts for washington families. >> still today, really would. in renewed hopes about am the dows. the -- president obama plans to host this former rival. during this election, victory spee
republicans and democrats are at odds over taxes and entitlements, on taxes, the president wants them raised over $250,000. and the republicans disagree and instead want to cap them at 50,000. >> we're willing to put revenues on the table, as long as we're not raising the rates. >> reporter: balking at cuts to medicare, medicaid. and. >> we have already agreed to a trillion and a half dollars in cuts. in this session of congress. >> reporter: also on the hill today with...
SFGTV: San Francisco Government Television
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Nov 30, 2012
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take things for granted without having empirical data we have this habit that we can just spend the tax payers money. i know farmers in the mid-west who are paid not to till the land while half the land they grow corn which when the final product comes out costs $74 a gallon. tank clean energy. so we need to go deeper into it. it's not to say that the deliberation here favors that we do the right thing. we really need to do the right hing with empirical data, not with fluff, and as one who is a philosopher and i go really deep into things and read stuff i will not tolerate fluff. i will expose it. i will shine light where there is darkness. thank you very much. >> thank you. any other members of the public would like to comment? seeing none. we will close public comment. and madam clerk do we have any other items before us? >> no mr. chair that concludes the items before us. >> and we are adjourned.
take things for granted without having empirical data we have this habit that we can just spend the tax payers money. i know farmers in the mid-west who are paid not to till the land while half the land they grow corn which when the final product comes out costs $74 a gallon. tank clean energy. so we need to go deeper into it. it's not to say that the deliberation here favors that we do the right thing. we really need to do the right hing with empirical data, not with fluff, and as one who is a...
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Dec 3, 2012
12/12
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that allows them to raise taxes with little concern of republican opposition. but leaders say they will avoid doing that considering voters just passed proposition 30. republicans and governor brown say they will be watching democrats to keep new taxes in check. >>> one of the first acts of the state assembly will be to honor an eagle scout. he was just told before his 18th birthday he would not be given the award despite meeting all the requirements. scouts must be younger than 18 to receive boy scoutings highest award. they will honor andre son for speaking out. >>> nhl players will meet with six team owners to try to end that lockout. the heads of the league and players union will not be there. the hope is that cutting them out will help both sides reach a deal. it comes four days after federal mediation reveals. >>> muni is considering controversial change when it comes to to their fair rates. coming up we'll tell you how muni could be charging passengers based on their income and why other agencies could follow that plan. >>> making good on a world series
that allows them to raise taxes with little concern of republican opposition. but leaders say they will avoid doing that considering voters just passed proposition 30. republicans and governor brown say they will be watching democrats to keep new taxes in check. >>> one of the first acts of the state assembly will be to honor an eagle scout. he was just told before his 18th birthday he would not be given the award despite meeting all the requirements. scouts must be younger than 18 to...
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Dec 7, 2012
12/12
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the need for additional revenue but he is not backing down on his demand that top earners pay more taxes. >> as i've indicated the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford it. folks like me. >> instead of 65, it would be 67. polls show many americans are willing to consider that idea. >> the 2012 u.s. presidential race set a new record in campaign spending. finance filings released today show the cost of the race surpassed $2 billion. they include almost $86 million by republican presidential nominee mitt romney in the final weeks of the election. that final paoás -- boost posted the campaign total to a record high. >>> the network grew from july to september. that's a 2.7% increase to $64.8 trillion. network is still prerecession peak. a good reason why the reserve will provide better economic stimulus. >>> tonight she is accused of taking advantage of a woman in her care. ktvu's patti lee tells us who finally cracked the case for an elderly victim unable to fend for her
the need for additional revenue but he is not backing down on his demand that top earners pay more taxes. >> as i've indicated the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford it. folks like me. >> instead of 65, it would be 67. polls show many americans are willing to consider that idea. >> the 2012 u.s. presidential race set a new record in campaign spending....
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yeah, no one wants higher taxes, but we're not in a deep reception right now. we absolutely are going to die if things start to chang and in fact, the underlying real problem, the growing deficit on the path to greece, the goal gets worse once we kick the can away. that will be the overriding probleming not the slowing economy not people spending money, but sure, that might not happen in the first two months, but it will eventually happen if we keep kicking down the can. we want to prove to the world that we have a solution and if it takes a few months to get there and higher taxes for a while, big deal, we will get there. that's got to be the plan not just the same nonsense. >> yeah, but larry, that's part of your point, but jonas says we're not in a bad recession, we're certainly not in a good recovery. and if we just keep falling little bit by little bit, maybe as much as jump off the cliff, but it's certainly a slippery slope. >> brenda, the damage is already being done. we saw it in november retail sales and companies delaying activity already and we know
yeah, no one wants higher taxes, but we're not in a deep reception right now. we absolutely are going to die if things start to chang and in fact, the underlying real problem, the growing deficit on the path to greece, the goal gets worse once we kick the can away. that will be the overriding probleming not the slowing economy not people spending money, but sure, that might not happen in the first two months, but it will eventually happen if we keep kicking down the can. we want to prove to the...
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Dec 7, 2012
12/12
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the need for additional revenue but he is not backing down on his demand that top earners pay more taxes. >> as i've indicated the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford it. folks like me. >> instead of 65, it would be 67. polls show many americans are willing to consider that idea. >> the 2012 u.s. presidential race set a new record in campaign spending. finance filings released today show the cost of the race surpassed $2 billion. they include almost $86 million by republican presidential nominee mitt romney in the final weeks of the election. that final paoás -- boost posted the campaign total to a record high. >>> the network grew from july to september. that's a 2.7% increase to $64.8 trillion. network is still prerecession peak. a good reason why the reserve will provide better economic stimulus. >>> tonight she is accused of taking advantage of a woman in her care. ktvu's patti lee tells us who finally cracked the case for an elderly victim unable to fend for her
the need for additional revenue but he is not backing down on his demand that top earners pay more taxes. >> as i've indicated the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford it. folks like me. >> instead of 65, it would be 67. polls show many americans are willing to consider that idea. >> the 2012 u.s. presidential race set a new record in campaign spending....
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with the tax rate being the lowest in america since the 1950s, most likely we'll raise the tax for the up 2er% at some point, right? >> raising tax rates is unacceptable. >> jon: okay. so what exactly is your idea of the a negotiation? >> the president's idea of a negotiation is "roll over and do what i ask." (laughter) >> jon: at least once he has you on your back he asks. (laughter) i can't wait till -- (applause) they're applauding the lack of rape. (laughter) (applause) now they're just mimicking me. (laughter) (laughter) i cannot wait until the democrats get ahold of this republican proposal. they are going to tear it to shreds. >> the good news is they put something in writing. the bad news is it doesn't really get us in the moving -- moving forward. >> the republican plan failed the very first test of fairness. >> unfortunately, the speaker's proposal right now is still out of balance. (laughter) >> jon: "out of balance"? where's your hysterical rhetoric. where's your "i laughed in their (bleep)ing faces!" where is your "disappointed!" where is your "this proposal is an insult!
with the tax rate being the lowest in america since the 1950s, most likely we'll raise the tax for the up 2er% at some point, right? >> raising tax rates is unacceptable. >> jon: okay. so what exactly is your idea of the a negotiation? >> the president's idea of a negotiation is "roll over and do what i ask." (laughter) >> jon: at least once he has you on your back he asks. (laughter) i can't wait till -- (applause) they're applauding the lack of rape....
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Dec 3, 2012
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first taxes don't data. what about taxes. his take on the cliff hanger and why investors shouldn't worry about taxes. and dell trade or trap? goldman jumps on the band wagon. 2012 gold rush. why are americans stocking up on gold coins? is it another way to say diversify? we have to get straight to our top story and tonight that is will the cliff ruin christmas? the rhetoric cnbc has the latest including the white house response to the gop proposal. >> just within the past few minutes we have gotten the white house's response to the boehner counter proposal to the white house proposal last week. the white house doesn't like the proposal from bane kpp today. dan fifer saying the republican la letter does not meet the balance and sticks the middle class with the bill. clearly what we are seeing is a negotiation. the white house doesn't like what they have been presented and now the offers and counteroffers will continue to fly and will start to get a little more close to one another. neither one of these as they have been laid o
first taxes don't data. what about taxes. his take on the cliff hanger and why investors shouldn't worry about taxes. and dell trade or trap? goldman jumps on the band wagon. 2012 gold rush. why are americans stocking up on gold coins? is it another way to say diversify? we have to get straight to our top story and tonight that is will the cliff ruin christmas? the rhetoric cnbc has the latest including the white house response to the gop proposal. >> just within the past few minutes we...
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tax rate goes up. eventually you will get someone out, to get that president out and get president who wants lower tax rates and congress that wants the lower tax rate and maybe a senate. it would hurt dramatically. best time to do it is now. >> andrea: there are two schools of thought here. one if you follow twitter or watch republicans who are on the pundit circle, they say let them go off cliff and let obama own that. there is another one that says just let him have what he wants and then when the economy nose dives he will have to own it. republicans are going to get blamed anyway. do you feel strong about either one of those? >> dana: not necessarily. i do think i see in "washington post," headline, obama offers plan for cliff. plan to be in quotes. the thing that amazes me and the media lets it happen. for eight years or longer now. i had to defend how many times people said on the left, including president obama when he was running for president the first time, the bush tax cuts only help the ri
tax rate goes up. eventually you will get someone out, to get that president out and get president who wants lower tax rates and congress that wants the lower tax rate and maybe a senate. it would hurt dramatically. best time to do it is now. >> andrea: there are two schools of thought here. one if you follow twitter or watch republicans who are on the pundit circle, they say let them go off cliff and let obama own that. there is another one that says just let him have what he wants and...
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if you clear away everything and look at the tax rates the president says tax rates have to go up on the wealthy by some amount. republicans are saying no we won't have any vote to raise tax rates and that's an impasse -- we don't see how we get around that. >> the president is embolden by his alexandria victory. he's taking it out to folks out on the street. he's acting like he feels he has a mandate to ask for these tax increase. do you think that's going to work? >> he thinks he has a mandate and if we go over the cliff the republicans will be blamed. he thinks the pressure of that will get the republicans to buckle. the tax rates will go up the easy way or the hard way. will it work? we have to guess at the public opinion. right now public opinion is on the president's side but that's in the abstract. if we see economic effects that affect real people we don't know how that ball bounces. >> i wonder if going over the cliff gives some political cover for politicians to compromise down the road? >> it gives cover and pressure. cover is a give. with republicans all of a sudden taxes
if you clear away everything and look at the tax rates the president says tax rates have to go up on the wealthy by some amount. republicans are saying no we won't have any vote to raise tax rates and that's an impasse -- we don't see how we get around that. >> the president is embolden by his alexandria victory. he's taking it out to folks out on the street. he's acting like he feels he has a mandate to ask for these tax increase. do you think that's going to work? >> he thinks he...
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Dec 7, 2012
12/12
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KRON
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says they have always paid taxes to the letter of the law. but will make additional payments in 2013 and 2014 despite the fact that the u.k. unit is not yet profitable. google and amazon have been targeted as not paying their fair share in england. >> will be back with bay area traffic and weaken weather. and he has more on what is coming up. >> tevatron on the rise of the next few weeks thanks to high pressure. -- temperatures on the rise. >> you can see blue skies and a few clouds out there. for the rest of today we see areas of patchy fog in the north bay. otherwise a lot of sunshine for this afternoon. a bit milder and this evening clear skies and will cool things down. visibility is low in santa rosa. napa is looking good the fog had mixed out. and you are looking at this a visitvisibility problems are not an issue. >> temperatures are in the '50s and downtown san francisco forties' up in the north bay for novato 46 in san mateo. 51 in oakland. >> here is a look at satellite and radar where we see high pressure in control which is why we
says they have always paid taxes to the letter of the law. but will make additional payments in 2013 and 2014 despite the fact that the u.k. unit is not yet profitable. google and amazon have been targeted as not paying their fair share in england. >> will be back with bay area traffic and weaken weather. and he has more on what is coming up. >> tevatron on the rise of the next few weeks thanks to high pressure. -- temperatures on the rise. >> you can see blue skies and a few...
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Dec 3, 2012
12/12
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KTVU
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it allows them to raise taxes with little concern of republican opposition. leaders will avoid dog that considering voters just passed prop 30 as l. the republicans and governor brown say they will be watching the democrats to keep it in check. >>> lawmakers are honoring nevin. he died yesterday at 69. he was a former supervisor, mayor of daly city and police inspector in san francisco. congresswoman jackie spear today called him a giant who had boundless compassion. the current supervisor says he was a great leader and vision. among other causes he af indicated for all children to receive -- adsroe indicated for all children to have health insurance. >>> the pope goes high-tech. what the religion leader is about to do for the first time el look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album t
it allows them to raise taxes with little concern of republican opposition. leaders will avoid dog that considering voters just passed prop 30 as l. the republicans and governor brown say they will be watching the democrats to keep it in check. >>> lawmakers are honoring nevin. he died yesterday at 69. he was a former supervisor, mayor of daly city and police inspector in san francisco. congresswoman jackie spear today called him a giant who had boundless compassion. the current...
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starbucks is foregoing certain tax deductions that helped reduce its tax bill to zero in britain agreeing to pay $32 million it does not owe. >>> the securities and exchange commission says netflix chief reed hastings may have violated fair disclosure rules with a facebook post saying monthly streaming hours had past 1 billion. netflix stocks soared 6% that day. >>> ibm is revamping its retirement plans contributing to employee 401 k accounts just once a year. >> "the wall street journal" reports the washington post will soon begin charging for online articles after a certain number of free ones. >>> sad news out of chicago where the maker of the academy awards oscar statue wets is planning to layoff nearly 100 workers before christmas. >>> finally, 'tis is the season for a holiday party essential, at least the fun holiday paerlts, the ugly christmas sweater. what if you don't owe one? there's one high schooler who can help you out with that. he buys them up and sells them on his website for, get this, 20 to 50 bucks each. he does this all from his parents' basement. little zuckerberg in
starbucks is foregoing certain tax deductions that helped reduce its tax bill to zero in britain agreeing to pay $32 million it does not owe. >>> the securities and exchange commission says netflix chief reed hastings may have violated fair disclosure rules with a facebook post saying monthly streaming hours had past 1 billion. netflix stocks soared 6% that day. >>> ibm is revamping its retirement plans contributing to employee 401 k accounts just once a year. >>...
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Nov 30, 2012
11/12
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CURRENT
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the middle class can't possibly afford anymore taxes. that's why the rich have to pay their fair share. >> cenk: let me throw a quick question. >> i think if it's framed that way in terms of jobs and public investment and all of us, i think that's a winning way of framing it. >> cenk: you're definitely right about that, there's no question about that. the question is the guy in the white house is not going to frame it that way. if my prediction is right and we'll go to the upper end of it and say the marge national tax rate gets moved up. is that a good deal for a bad deal? >> it's a bad deal, because remember the clinton highest marginal tax rates on dual filers 39.6% that is still historically very, very low. i mean, before 1980, the highest marge national tax rate was 71% under eisenhower, 91%. even if you consider all of the tax deductions that the wealthy took in those years. the effective tax rate on the highest income people was still about 55%. much higher than the 39% under bill clinton. did the economy suffer? no! we did very w
the middle class can't possibly afford anymore taxes. that's why the rich have to pay their fair share. >> cenk: let me throw a quick question. >> i think if it's framed that way in terms of jobs and public investment and all of us, i think that's a winning way of framing it. >> cenk: you're definitely right about that, there's no question about that. the question is the guy in the white house is not going to frame it that way. if my prediction is right and we'll go to the...
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Dec 7, 2012
12/12
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CSPAN
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the last thing i would say, we're talking about taxes and point. tax reform is spending cuts. there is no difference. if i give you a mortgage check. no difference. you can treated as a tax or spending andfrom an economic perspective, they are one in the same thing. when we do tax reform, from an economic perspective,that is a spending cut. >> i do not have anymore questions. unless the vice chairman does. >> looking at our global competitors who find themselves in financial crisis showed more than 20 times in nine different countries, those countries cut what they owed in their spending time. they did that because their cuts were large, credible, politically difficult to reverse. believable. it created the confidence to grow an economy. it was proven over and over again. that is the model for this fiscal cliff discussion, making both the cuts and the reforms that are real and credible and politically difficult to reverse. send. it is the right signal to send to investors that we're serious about getting our financial house in order. i hope was that we do that. chairman, thank
the last thing i would say, we're talking about taxes and point. tax reform is spending cuts. there is no difference. if i give you a mortgage check. no difference. you can treated as a tax or spending andfrom an economic perspective, they are one in the same thing. when we do tax reform, from an economic perspective,that is a spending cut. >> i do not have anymore questions. unless the vice chairman does. >> looking at our global competitors who find themselves in financial crisis...
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dividend taxes could be astronomical. neil: that was the single best explanation of this entire phenomenon that i have heard. >> you flatter me, sir be met really. >> you are very kind. neil: he talked about the avenue of successful investors who was inhibited by the tax rate. i am paraphring. but regardless of what the tax situation was, turning around your argument on dividends, but it could have a big imact on those who might invest in dividend paying stocks with a cd that you get, and maybe that won't happen at all. would he make of that? >> i think he is talking about something else. he is saying that people will not add to employment. neil: i get it, it won't kill the old world investment. >> that will knock it down. 30% of the long-term gain. roughly the right amount in stocks. if you're going to cut that i have, then very roughly, 15% of the value of the stock market, just like that. this is not something that affects only wealt people. it affects anyone who is saving stock market for his or her retirement. that i
dividend taxes could be astronomical. neil: that was the single best explanation of this entire phenomenon that i have heard. >> you flatter me, sir be met really. >> you are very kind. neil: he talked about the avenue of successful investors who was inhibited by the tax rate. i am paraphring. but regardless of what the tax situation was, turning around your argument on dividends, but it could have a big imact on those who might invest in dividend paying stocks with a cd that you...
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Dec 1, 2012
12/12
by
CURRENT
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they paid a negative income tax. we paid duke energy instead of them paying taxes. the guy seems to be so relevant into this fiscal cliff grand bargaining negotiations is grover norquist. did you this story about who is behind grover norquist, and who he really represents, and i think that's a really interesting story. who is the money behind grover? >> well, grover norquist is an interesting guy. he's obviously captured the minds and the attention of the entire republican party. but i would like folks to look at him a little bit differently. if you look at grover norquist's budget because he has a large foundation that enforces his pledge. two-thirds of his money, 66% of his budget comes from only two billionaire-backed non-profits groups founded by folks like the koch brothers, the bekdel corporation and karl rove. they're worth billions of dollars who would not like to see their tax rates go up. it should not be any surprise that they're giving money to norquist as their enforcer. >> cenk: a lot of those are in private equities and defense and, etc. shockingly th
they paid a negative income tax. we paid duke energy instead of them paying taxes. the guy seems to be so relevant into this fiscal cliff grand bargaining negotiations is grover norquist. did you this story about who is behind grover norquist, and who he really represents, and i think that's a really interesting story. who is the money behind grover? >> well, grover norquist is an interesting guy. he's obviously captured the minds and the attention of the entire republican party. but i...
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Dec 2, 2012
12/12
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MSNBCW
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>> the tax problem is the biggest problem. president obama has laid out in the past and seen willing to me, at least, to make some cuts to medicare. maybe not ones conservatives like. what we don't know yet, the big question is, president obama is pushing for $1 trillion in tax increases, pushing it for a long time. he feels he has a mandate on that now. we know his idea is about raising revenue. we don't know what the republicans ideas are on the revenue. that's what we need to know. that's the whole question, what are they. go ahead. >> we've heard from lindsey graham yesterday or the day before with regards to revenue. he still contends, ari, that you can raise a significant chunk of revenue, he's thrown out $800 billion at least by closing loopholes and limiting deductions, whether it's $30,000, $40,000, $50,000. >> yeah, but he's just talking, right? just talking. what the president has done is outlined a plan. he outlined it once and the american people voted for it, and he outlined it again, not surprisingly, the same c
>> the tax problem is the biggest problem. president obama has laid out in the past and seen willing to me, at least, to make some cuts to medicare. maybe not ones conservatives like. what we don't know yet, the big question is, president obama is pushing for $1 trillion in tax increases, pushing it for a long time. he feels he has a mandate on that now. we know his idea is about raising revenue. we don't know what the republicans ideas are on the revenue. that's what we need to know....
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Dec 4, 2012
12/12
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CNNW
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eye 248
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this is the tax revenue, this would be the new taxes. this would be done by closing loopholes, limiting deductions, not, obviously, by increasing income tax rates for the wealthy. $600 billion in health savings. that's the entitlement reform. that's medicare cuts. cuts to other entitlements. compare this to the white house, $1.6 trillion in new taxes, so that's two times the amount in speaker boehner's counteroffer. and $400 billion in cuts to medicare and entitlements. so that's $200 billion less than speaker boehner's. also something in here that the white house has proposed as a nonstarter for house republicans was having congress give up their debt limit vote. the white house is call being speaker boehner's counteroffer not serious. they're saying there needs to be specifics. but i will tell you that democratic leadership made in a moment of i guess you could say truth, that it does pass the last test. obviously democrats don't like it but it certainly could have more things in it that they don't like. so maybe it's not, as far as a
this is the tax revenue, this would be the new taxes. this would be done by closing loopholes, limiting deductions, not, obviously, by increasing income tax rates for the wealthy. $600 billion in health savings. that's the entitlement reform. that's medicare cuts. cuts to other entitlements. compare this to the white house, $1.6 trillion in new taxes, so that's two times the amount in speaker boehner's counteroffer. and $400 billion in cuts to medicare and entitlements. so that's $200 billion...
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Dec 6, 2012
12/12
by
FOXNEWS
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eye 60
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you want to talk about paying taxes and your fair share? they're a tax-exempt 501c5 organization. where is ed asner's rage about their escaping and evading their fair share of taxes? i don't hear it. also, let's have a balance. if they're going to show this in the california classrooms, how about an eight-minute video narrated by clint eastwood or my favorite right thinking actor adam baldwin that exposes the truth about occupy and the teachers alliance? they have to make up this urinating image? well, you've got occupiers who have been pooping on police cars. show that to the school kids. >> sean: well said. michelle malkin. great points. thank you for being with us. >> you bet, take care. >>> >> sean: coming up next, liz cheney on the breaking news out of syria. the government stands ready to use sarin nerve gas on its own people. a senior firm confirmed this to fox news. >>> women in egypt are fearing for their lives as sex mobs are preying on the public. the situation is getting dispratt. where is the outrage and the support from the feminists who screamed about the so-called
you want to talk about paying taxes and your fair share? they're a tax-exempt 501c5 organization. where is ed asner's rage about their escaping and evading their fair share of taxes? i don't hear it. also, let's have a balance. if they're going to show this in the california classrooms, how about an eight-minute video narrated by clint eastwood or my favorite right thinking actor adam baldwin that exposes the truth about occupy and the teachers alliance? they have to make up this urinating...
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then we have been signed on the tax hike that could put a spike tax hike that could put a spike in this very twins. i didn't see them coming. i have obligations. cute obligations,ut obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. neil: welcome back. >> most of you know me pretty well. what you see is what you get. while i may be affable and someone who can work with members of both parties, which i have demonrated over the 20 years i've been here, i have also determined to solve our spending problem. to also solve this debt criis. neil: speaker john boehner is not too confident that things are looking good. saying tt republicans are not the ones blocking a deal to avoid the disa
then we have been signed on the tax hike that could put a spike tax hike that could put a spike in this very twins. i didn't see them coming. i have obligations. cute obligations,ut obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which...
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148
Dec 1, 2012
12/12
by
CURRENT
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eye 148
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if you want to limit tax deductions, tell me what it is you want to limit. if you want to reduce entitlements, tell me how we're going to do that. if we're going to raise taxes or cut spending, tell me how we're going to do this because i've got the american public on my side. >> jennifer: i totally agree with that. i hear he's not cutting enough in this proposal, but in the last campaign he was cutting too much, oh my god. shouldn't the republicans in congress be called out on that hypocrisy, at least by the main treatment media? >> one of the things that think they're going to be cognitive of, they don't have time to change their image with the american public. there is the argument that house and republicans were re-elected, but i think it's clear that the american public did not vote for dysfunction. they want the american government to function. that's the reason why barack obama was elected and mitt romney was not elected. the american people liked most of the president's policies, and they want the government to function. if i were a house member, a r
if you want to limit tax deductions, tell me what it is you want to limit. if you want to reduce entitlements, tell me how we're going to do that. if we're going to raise taxes or cut spending, tell me how we're going to do this because i've got the american public on my side. >> jennifer: i totally agree with that. i hear he's not cutting enough in this proposal, but in the last campaign he was cutting too much, oh my god. shouldn't the republicans in congress be called out on that...
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income taxes but that's only one of the many doing of many taxes that we all pay as a percentage of income the people working at mcdonald's for eight bucks an hour pay more of their income in taxes than mitt romney that's right how do you think we're doing the guys now you with what percentage of the federal taxes are collected from the one percenters because i know people manipulate the numbers in the get their point across i don't know off the top of my head and i do really like them do you research and come back later show you show your rate by the way thank you yeah i'd be glad to will get the numbers and we'll do a chart and graph and i think thank you jim i appreciate you calling in and raising the question that's something that we have done shows on before you know where where was the. revenue before where is it now and what you know i can tell you the top tax rate during the eisenhower years was ninety one percent and you know right now the top tax rate is thirty five percent and they're talking about taking it up to thirty nine thirty nine point six percent which is where i
income taxes but that's only one of the many doing of many taxes that we all pay as a percentage of income the people working at mcdonald's for eight bucks an hour pay more of their income in taxes than mitt romney that's right how do you think we're doing the guys now you with what percentage of the federal taxes are collected from the one percenters because i know people manipulate the numbers in the get their point across i don't know off the top of my head and i do really like them do you...